Culture
OCBC keeps 2025 guidance, but loan growth targets could be buffeted by headwinds: CEO Helen Wong
OCBC is keeping its financial targets for 2025, but noted that its loan growth guidance of a mid-single digit will likely see the most…
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Culture
Culture
Indonesia seeks to end rice imports this year as output jumps
Indonesia is set to stop importing rice this year for the first time in decades, thanks to surging production and stockpiles in one of the…
Culture
Bain Capital to sell China data centre business likely valued at over US$4 billion: sources
US investment firm Bain Capital is seeking to sell the China business of data centre operator WinTriX DC Group, in a deal that could value…
Culture
Frasers Property H1 profit rises 147.6% to S$142.2 million on tax reversal
Frasers Property posted a 147.6 per cent jump in net profit to S$142.2 million for the first half ended Mar 31, 2025, from S$57.4 million…
Culture
Apple is developing specialised chips for glasses, new Macs and AI servers
Apple’s silicon design group is working on new chips that will serve as the brains for future devices, including its first smart glasses,…
Culture
OCBC Q1 profit falls 5% to S$1.88 billion; beats expectations
OCBC’s net profit for the first quarter fell on lower net interest income and higher operating expenses. Net profit for the three months…
Culture
US: Stocks rise after Trump announces UK trade deal
stocks finished firmly in the green on Thursday (May 8) after US President Donald Trump unveiled a “breakthrough” trade agreement with the…
Culture
How advisers can augment the board
ONE of the expected roles of the board of a company is to provide strategic guidance by drawing upon the diverse experience and expertise…
Culture
US: Wall St opens higher ahead of potential US-UK deal announcement
Wall Street’s main indexes opened higher on Thursday (May 8) on news that the United States was on the verge of signing a trade agreement…
Culture
Far East Orchard Q1 net profit more than doubles to S$17.3 million
Hospitality and student housing player Far East Orchard’s net profit more than doubled to S$17.3 million for the first quarter ended Mar…
Culture
Asian banks see big boost to wealth business as currencies rally
A sharp rally in Asian currencies is set to boost demand for wealth and forex products as clients seek alternatives to US…
Culture
Bank of England cuts rates to 4.25% as it sees tariff hit to growth
The Bank of England cut its main interest rate by 0.25 percentage points to 4.25 per cent on Thursday, despite an unexpected three-way…
Culture
Australia exchange operator proposes IPO reforms to revive listings
The Australian Securities Exchange (ASX) on Thursday (May 8) unveiled a series of proposed reforms aimed at enhancing the global appeal of…
Culture
Singapore stocks end lower as investors keep eye on tariff negotiations; STI down 0.4%
Local stocks ended lower on Thursday (May 8), as investors kept their eyes on tariff deal negotiations after the US central bank…
Culture
Weakening US dollar expected to yield mixed impact for Singapore companies with significant exposure
Asian currencies have rallied against the US dollar on the back of concerns that US President Donald Trump’s tariff war will hurt the…
Culture
Weakening greenback to benefit Singapore firms with significant exposure to debts, costs in US dollar
Asian currencies have rallied against the US dollar on the back of concerns that US President Donald Trump’s tariff war will hurt the…
Culture
Musk hits back at OpenAI’s claim he’s on quest to harm startup
Elon Musk fired back at OpenAI’s accusation that he has been waging a “relentless” campaign for more than a year to damage the startup. In…
Culture
Emirates airline group announces record US$6.2 billion gross profit
The 18% rise in profit, slimmed to US$5.6 billion after the UAE’s recently introduced corporate tax Dubai’s Emirates Group, which includes…
Culture
Toyota warns of profit drop as tariff chaos threatens carmakers
Toyota Motor is bracing itself for a bumpy year, with the Japanese carmaker warning of a slump in profit as global manufacturers scramble…
Culture
Thailand to shortlist central bank chief candidates by July 2, official says
A Thai selection committee plans to shortlist candidates to be the next central bank chief by Jul 2, an official said on Thursday (May 8),…
Culture
Europe: Shares slip as investors assess earnings, await Fed rate decision
EUROPEAN shares ended lower on Wednesday, pausing after weeks of strong gains, while investors monitored a raft of corporate earnings…
Culture
April Best Sellers - Southern Curls & Pearls
April *flew* by – can you believe it’s May already?! We are almost to the end of the school year and I can’t wait for my kids to be out…
Culture
Isetan Tampines to shutter in Nov 2025
Department store operator Isetan Singapore will close its outlet at Tampines Mall in November 2025, it announced on Tuesday (May 6).…
Culture
Riverstone Q1 profit slides 21.8% to RM56.4 million despite higher revenue
Lower gross profit margin due to higher raw material cost, foreign exchange and change in market demand dynamics, says the group Glove…